However this great work of his is getting killed by his not so great idealistic distributional model.
Disagree completely. If it wasn't for the airdrop, I would likely never have heard of the project.
The distribution method has worked well, coins are 60% distributed, no ICO smell, and price is still low enough to attract new investors. Every distribution method has pros & cons - PoW is incredibly energy intensive, ICO's have legal risk and are scammy, and airdrops favour early adopters and some whales. Nothing is perfect, but velocity of circulation ensures that eventually the coins end up in the hands of people who value them, and support the project.
Stop whining guys, BB distribution is going well, and if tonych decides to tweek some aspects no worries, it's his project, and he didn't earn a cent from any ICO.
Going great guys.
The super rich were enriched super style with no risk to their btc
The competing projects were given more byteball than our own dev and we are now taking away the promised coins from byteball investors to pay for development
The rest got some crumbs
These first 2 groups control and will make the markets now for possibly months or years.
Tony's earnings are unknown and not relevant to the point that the distributional model was actually horrible.
The velocity of circulation sounds nice but eventually can be 1 small step before infinity so that is small comfort to those that are 90% in the red for investing under the impression of accumulating more byteball per full moon and are now getting told that probably was just a typo and actually they will get nothing other than a 90% hair cut on their btc.
Great is non exciting word. Tell me how this could have gone Amazing/phenomenal I want to hear all of the terrifying details.